Almost got my $3 PT, sold the last around 2.90. Fun trade, Will be back soon enough for more.
I'll admit I know very little about his company but I really want to learn more about this company and possibly stash some away in my 401k.
Seems like a great group of dedicated longs here who really believe in the technology. I hope you guys make a killing on this one day.
It doesn't matter if it's pure 3d or not, traders refer to this as a sympathy move. More eyes on the hot sector. Be glad it's in the same classification.
Tune out the noise, ONVO is a trade tho, wouldn't expect to get rich off this thing but it's moving higher.
Stock has turned bullish but pullback was inevitable.
My first trade here was a quick flip, the next will be a bit of a longer swing that I intend to hold into the early summer unless sector cools off.
My advice to longs, trade around your core. Too much volatility here not to take advantage.
Shorts better cover and reshort over $3
Momentum traders have gotten a hold of this. If no push after 3pm they will sell it back down.
I sold half at 2.72, holding rest for now.
Either way will be back to load on a retest of 2.50 if given the opportunity. GL All.
Could reverse trend, not too confident given the history of chart with constant dilution but I like the bear trap this morning. I see this as short term play that could generate nice return within a week.
You do realize that valuations have nothing to do with speculative stocks? Irrational things happen in biotech market all the time. Could take a while but the market cap can approach 1B before people would really start to question things.